{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-101426","form_type":"8-K","ticker":"SAM","cik":"0000949870","company_name":"BOSTON BEER CO INC","filed_at":"2025-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.758064+00:00","generated_at":"2026-05-17T22:03:45.146350+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Boston Beer CEO Michael Spillane steps down; founder Jim Koch reassumes CEO role","bullets":["Michael Spillane resigns as President and CEO effective August 15, 2025 for personal reasons; no disagreement with company.","Founder and Chairman Jim Koch reassumes President and CEO role on August 16, 2025; remains Chairman.","Spillane stays on non-independent board through 2026 annual meeting; receives $905k annual salary through Nov 15, 2025.","Spillane transitions to advisory role from Nov 16, 2025 to Mar 31, 2026 at $10k per quarter; prior equity grants continue vesting.","Outgoing CEO's 2025 bonus depends on company results; compensation committee to determine in Feb 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-101426","json":"https://secwatch.observer/filing/0000950170-25-101426.json","markdown":"https://secwatch.observer/filing/0000950170-25-101426.md","text":"https://secwatch.observer/filing/0000950170-25-101426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/949870/000095017025101426/0000950170-25-101426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/949870/000095017025101426/sam-20250801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:03:45.146350+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}